With rumors surrounding the market claiming that some Egyptians have withdrawn their funds from banks out of concern they would be frozen by the authorities, Egypt’s central bank has taken steps to safeguard deposits in local and foreign currencies in Egyptian banks in response to the rumors. In a press release to address the situation, […]
Kenya is considering tax reforms, including possible tax breaks, to entice hesitant US and EU investors after Washington complained that corruption and a lack of transparency in tax policy inhibited investment in the East African country. Nairobi is exploring various tax incentives to reluctant Western investors and it also threw out the red carpet for […]
Algeria’s main Islamist opposition party Wednesday said incumbent President proposed by the ruling coalition to run for April Presidential elections for a fifth term in office will not be able to fulfil his duties due to his health condition. Movement for the Society of Peace (MSP) castigated the ruling coalition that it said has taken […]
